Demand booming in China for ProLogis

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Demand for distribution facilities is booming in China, according to ProLogis which is reporting strong leasing activity at major new distribution parks under construction in inland China. At ProLogis Park Jiangning in Nanjing, the capital of China’s Jiangsu Province, ProLogis has leased a 234,000 sq ft distribution centre to Anji-TNT Logistics. ProLogis Park Jiangning will comprise six facilitates totalling more than 1.5 million square feet. Ming Mei, president of China operations said: “ProLogis initiated operations in five of China’s major markets – Changsha, Chengdu, Chongqing, Nanjing and Wuhan – during 2007 and since then we have experienced a significant increase in demand.”

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